Oil falls as Saudi Arabia suggests an OPEC output cut
Oil fell on Monday as markets weighed Saudi Arabia’s warning that the Organization of the Petroleum Exporting Countries and Allies (OPEC+) might cut output against the prospect of a nuclear deal that would allow sanctioned Iranian oil back into the market. Brent crude futures settled at $96.48 per barrel, down 24 cents or 0.25 percent […]
The post Oil falls as Saudi Arabia suggests an OPEC output cut appeared first on Kemi Filani News.
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Author: Harry Onye
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